GUNLOCK ESTATE - LoopNet...GUNLOCK ESTATE Gunlock, Utah INVESTMENT OFFERING REAL...

GUNLOCK ESTATEGunlock, Utah

INVESTMENT OFFERING

Property Valuation at $2,500,000

REAL ESTATE ASSET STRATEGIES2 W. St. George Blvd., Suite 37N

St. George, Utah 84770

For more information please call JEFF REBER

435-656-8238email at: [email protected]

Deal Summary:9.6% CAP16.29% Net Cash flowGuaranteed LeaseYear’s rent Security Deposit

INVESTMENT OFFERING

REAL ESTATE ASSET STRATEGIESFor more information please call JEFF REBER

The information contained in the following Marketing Brochure is proprietary and strictly confidential. Itis intended to be reviewed only by the party receiving it from Real Estate Asset Strategies and should notbe made available to any other person or entity without the written consent of Real Estate Asset Strategies.

This Property Valuation Summary has been prepared to provide summary, unverified information to pro-spective lenders/investors, and to establish only a preliminary level of interest in the subject property. Theinformation contained herein is not a substitute for a thorough due diligence investigation.

The information contained in this Property Evaluation Summary has been obtained from sources we be-lieve to be reliable; however, Real Estate Asset Strategies has not conducted any investigation regardingthese matters and makes no warranty or representation whatsoever regarding the accuracy or complete-ness of the information provided. Real Estate Asset Strategies makes no warranty or representation, withrespect to the future projected financial performance of the property, the size and square footage of theproperty and improvements, the presence or absence of contaminating substances, PCB's or asbestos, thecompliance with State and Federal regulations, or the financial condition or business prospects of any ten-ant, or any tenant's plans or intentions to continue its occupancy of the subject property.

All potential lenders/investors must take appropriate measures to verify all of the information set forthherein.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT JEFF REBER AT REAL ESTATE ASSET STRATEGIES FOR MORE DETAILS.

INVESTMENT OFFERING

Gunlock Estate is a unique investment opportunity in Southern Utah. “The Future isNow” (Tenant) is leasing the entire estate on a true NNN basis. There will be 32 to 36 beds avail-able to clients. The Estate is being offered at a 9.6% CAP ($240,000 in net operating income). TheTenant will also post $240,000 security deposit. They are signing a long term lease and will focusexclusively on adult drug rehabilitation.

The Property consists of approximately 58.5 acres of pristine land surrounded by sandstone and lava cliffs and ayear round fishing stream that runs through the property. The estate main house consists of approximately 10,000sqft and includes 8 bedrooms 6 full and 2 half bathrooms on 4 levels. There are two full kitchens with updated appli-ances, and large pantry/storage rooms on the two main levels. The estate was built for a single family in 2000 and hasbeen modified and improved up until 2016 when the Owners relocated to Oregon. There is also an attached garage/cottage that could be used as a separate apartment, garage or meeting room.

The stream is an annual stream with trout (German Browns and Rainbow) which runs along the Southern border ofthe property, with easy access from the main buildings. The property is unusual in that even with a stream runningthrough the property, the main buildings are not within a floodplain. There is also plenty of room to provide for asmall RV park on site.

This is a unique opportunity to own an income producing exclusive estate in one of the most picturesque locations inthe United States and within easy access to many national parks and tourists points of interest.

INVESTMENT OFFERING

435-656-8238

INVESTMENT OFFERING

GUNLOCK ESTATE - LoopNet...GUNLOCK ESTATE Gunlock, Utah INVESTMENT OFFERING REAL...

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